On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

Amazon said on Friday its healthcare business will be divided into six new units as part of a restructuring effort, in a move that comes after recent top health executive departures.

Profit was $17.1 billion, up 64 percent. For the current quarter, which ends in June, Amazon told investors to expect sales of $159 billion to $164 billion, and for operating profits to shrink to ...

Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...

UPS has announced that an anticipated drop in Amazon deliveries will impact the shipping company's workforce. The company announced Tuesday it was shedding 20,000 workers, CBS News reported. As ...

Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in ...

UPS set to lay off 20,000 workers as it reduces business with Amazon. The shipping giant said the moves were expected to save $3.5 billion and were made in anticipation of “lower volumes from ...

UPS says that the Amazon business it was doing was high volume, but low margin. As with any good breakup drama, the story between Amazon and UPS, as United Parcel Service is called for short, is ...

International-Business News: UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite ex ...

Amazon.com AMZN 1.59 % increase; green up pointing triangle reported strong quarterly earnings that weren’t affected by new tariffs on Chinese imports, but the looming levies dimmed the company ...

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology ...

Business. UPS to slash 20,000 ... Amazon. Shares in UPS — which has about 490,000 employees — fell 1% in early trades on Tuesday after the package delivery giant revealed the job cuts.